MFS Investment Management announced that it has promoted Alison O’Neill to the CIO position, effective January 1, 2025. O’Neill will succeed Edward M. Maloney, who will be appointed CEO of the firm, also effective January 1.
In this appointment, O’Neill will also oversee 300 investment staff across the firm’s equity, fixed income, quantitative solutions and global trading teams.
O’Neill is currently co-CIO of equity for Americas and is a portfolio manager at the firm. She joined MFS in 2005 as an equity research analyst. She was named director of research for North America in 2016, and portfolio manager in 2018. She was appointed as co-CIO of equity in 2020.
“Alison is an exceptional leader and culture carrier. She brings valuable investment knowledge across industries and sectors to her role as CIO, as well as deep conviction in the firm’s long-term-focused investment platform,” Maloney said in a press release.
He added, “During her nearly 20 years with the firm, she has been involved in hiring and mentoring many members of the investment team and has collaborated with leadership across the department to help enhance our investment platform.”
She holds a Bachelor of Arts degree from Harvard University and a Master of Business Administration from the Sloan School of Management at MIT.
MFS Investment Management oversaw $615.1 billion in non-discretionary assets, as of February 29, 2024.
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Tags: Alison O’Neill, CIO, Edward M. Maloney, MFS Investment Management